4616 Palermo Lane

Lexington, KY
$ 395,000 Beds 3 Baths 2.5 Sq 1,928
Monthly Estimate* How much can I afford?

Seller has an accepted offer with a 48-hour kick-out clause. Welcome home to this spacious 3-bedroom, 2.5-bath home in the sought-after Pinnacle subdivision, sitting right next to Veterans Park and the Pinnacle pool. Built in 2000, this 1,928-square-foot home offers a peaceful, tree-lined setting just steps from beautiful green space and the great outdoors. This quiet, family-friendly neighborhood is within walking distance of Veterans Park Elementary School and the neighborhood pool, making it an ideal fit for families (zoned for Veterans Elementary, Southern Middle, and Tates Creek High School). The 0.19-acre corner lot also puts you minutes from major routes like Man o' War Boulevard and Tates Creek Road, with easy access to popular destinations including Brannon Crossing, the Summit, and Fayette Mall. Inside, the first floor offers a thoughtfully designed kitchen, a separate living space, and a dedicated dining area, giving everyone room to work, relax, and entertain in privacy and comfort. An inviting entrance foyer welcomes you home, and a cozy fireplace anchors the living space. Upstairs, the generous master suite features a double-sink vanity and walk-in closet, while two additional guest bedrooms offer ceiling fans and abundant natural light. Additional features include a 2-car garage, brick and vinyl siding exterior, central air with a heat pump for year-round comfort, and durable composition shingles, replaced new in 2021. Water heater replaced 2024, AC replaced 2024. Set on a corner lot with lush greenery, the fully fenced backyard is perfect for entertaining, outdoor play, or gardening. Don't miss your chance to call this Veterans Park gem home!

Active

  • Price
  • $ 395,000
  • City
  • Lexington
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • FAYETTE
  • Half Bathrooms
  • 1
  • Area
  • 003 - Fayette County SE
  • Lot Size
  • 0.19 Acres
  • Zip
  • 40515
  • Sqr Footage
  • 1,928
  • Year Built
  • 2000
  • Style
  • Single Family Residence
  • MLS#
  • 26024583
Listed By: The Brokerage - 859-983-7365
Data Source: ImagineMLS

Features

General

Sewer Public Sewer
Heating Heat Pump
Cooling Ceiling Fan(s),Central Air
Possession Close Of Escrow
Roof Composition
Appliances Cooktop,Dishwasher,Disposal,Microwave,Oven,Self Cleaning Oven
HOA Fee 425.0
Garage Spaces 2.0
Association Fee Includes Other
Patio/Porch Features Patio,Porch,Rear Patio,Front Porch
Construction Materials Brick,Vinyl Siding
Year Built 2000
Levels Two
Property Subtype Single Family Residence
Parcel Number 19997260
Community Features Park,Pool
Assoc Fee Paid Per Annually
County Fayette
New Construction No
Property Type Residential
Association Amenities Clubhouse,Pool
HOA Yes
Attached Garage No
Subdivision Name Pinnacle
Garage Y/N Yes
Total Rooms 9
Full Baths 2
Status Active
Directions Man o War to Tates Creek Outbound,Right on Clearwater Way,Left on Southpoint Dr,Left on Palermo,home is on the left on the corner of Palermo and Vermillion Peak Pass
High School Tates Creek
City Lexington
High School District Fayette County - 1
MLS Area 003 - Fayette County SE
Lot Size Units Acres
Lot Size Square Feet 8102.0
Carport Y/N No
Elementary School Veterans
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Southern
MLS Area Minor 003 - Fayette County SE
Lease Considered Y/N No
Rent Control Y/N No
Structure Type House
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
Sewer_co_Public_sp_Sewer True

Interior Features

Interior Amenities Ceiling Fan(s),Entrance Foyer,Walk-In Closet(s)
Flooring Carpet,Laminate
Total Fireplaces 1
Fireplace Features Gas Log,Gas Starter,Living Room
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds
Fireplace Y/N Yes
Above Grade Finished Area 1928.0
Half Baths 1
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0.0
LivingAreaSource Appraiser
Total Baths 3
Heating-Heat Pump True

Exterior Features

Fencing Wood
Parking Features Attached Garage,Driveway,Garage Door Opener,Garage Faces Front,Off Street
Lot Features Few Trees
Water Source Public
Lot Size Area 0.19
Foundation Details Slab
Building Area Total 1928.0
Lot Size Acres 0.19
Lot Size Source Public Records
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Taylorsville, KY office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Veterans Elementary School
Middle School Southern Middle School
High School Tates Creek High School

Price History

9/11/2026 Listed $395,000

Property vs Zip Code Average in 40515

Price
AVG $680K
$400K
Year Built
AVG 1999
2000

Areas That We Cover

4616 Palermo Lane Lexington, KY is a Single Family Home for sale at $395000 with 1928 sqft and a lot size of 0.19 Acres Acre(s). 4616 Palermo Lane Lexington has 3 bedrooms, 2 baths and was built in 2000. The property's zip code is 40515 which is in Lexington, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.